they will say talks have broken up,....$tock will go down a half a bud after daweekend......dos jewz r $neaky.....
Sentiment: Strong Sell
Using BBY valuation, they have a market cap of .2688 times revenue. Even if RSH shuts down half the underperforming stores and revenue drops to 1.5B (which is worse than half their current revenue) that still puts the market cap at 400m, or about $4 a share.
Can they be profitable though? BBY margins are a paltry 2.3%.
Look back few weeks ago, few analysis were target RSH toward no value in next year. Then they were buy at lower price. Do not listen to them. and do opposite them.
Short and long are make money, and Greedy is lost money.